56 Orchard St, Lynn, MA 01905
Essex County
Key Facts
Description
Exceptional three-family opportunity for investors or owner-occupants! This well-maintained property features two spacious three-bedroom units and one two-bedroom unit, separate utilities, three gas heating systems, low-maintenance vinyl siding, and off-street parking for four vehicles. A turnkey investment with strong income potential or the perfect opportunity to live in one unit while collecting rental income from the others.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1910
Stories
4
Living Area
3,304 sq ft
Lot Size
0.07 acres
Parking Spaces
4
Zoning
R4
Days on Market
18
MLS® Listing#
73543356
Property Features
Exterior
Appliances
Heating
Flooring
Basement
Parking
Patio
Lot Features
Construction
Foundation
Roof
Windows
Sewer
Water Source
Financial Details
Annual Taxes
$7,987
Tax year 2025
Assessed Value
$770,900
Parcel Number
M:036 B:780 L:008,2007464
Directions
Summer Street to Orchard Street
Affordability Calculator
$197,800
Estimated monthly payment
$5,264/mo
Principal $791,200 · Est. interest $1,103,794 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lynn, MA
- $624,390
- Median Listing Price
- 37
- Median Days on Market
- 1,519
- Median Sq Ft
- $377
- Median Price / Sq Ft
- 150
- Active Listings
- This home’s price is 58% above the area median.
- Its price per sq ft is 21% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lynn, MA.
Location
Points of Interest in Lynn, MA
Showing the Lynn area map.
Nearby Schools
Lynn Public Schools
School · 0.2 mi away
Drewicz Elementary School
Elementary · 0.3 mi away
Connery Elementary School
Elementary · 0.3 mi away
Lynn Vocational Technical Institute
School · 0.6 mi away
Sacred Heart School
School · 0.6 mi away
Connery Annex
School · 0.6 mi away
Washington Elementary School
Elementary · 0.7 mi away
Meryeme's Daycare
School · 0.7 mi away
Fecteau-Leary Junior/Senior High School
Secondary · 0.8 mi away
Cobbet Elementary
Elementary · 0.8 mi away
Fallon Elementary School
Elementary · 0.8 mi away
Tracy
Elementary · 0.8 mi away
Lynn Alternative High School
Secondary · 0.8 mi away
St. Mary's Lynn
Secondary · 0.9 mi away
St Mary's Regional High School
Secondary · 0.9 mi away
Lincoln-Thomson Elementary School
Elementary · 0.9 mi away
Sewell Anderson Elementary School
Elementary · 1.1 mi away
Lynn Classical High School
Secondary · 1.1 mi away
Kipp Academy Lynn Charter School
School · 1.1 mi away
L P S Environmental School
School · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 76 High Rock St, Lynn, MA | $849,900 | 8 | 3 | 2,465 |
| 15 Hanover St, Lynn, MA | $887,977 | 9 | 2 | 2,452 |
| 32 Morris Street, Lynn, MA | $989,900 | 9 | 3 | 3,456 |
| 73 Woodman Street, Lynn, MA | $999,000 | 9 | 3 | 3,594 |
| 121 N Common, Lynn, MA | $999,000 | 13 | 6 | 4,982 |
| 17-19 Acorn St, Lynn, MA | $1,099,986 | 8 | 4 | 2,760 |
Moving Cost Estimate
EXIT Agents in Lynn
Listing Courtesy: Clements Realty Group - 7815959600
Presented by: Eugene L. Clements